2447 Pacific Coast Hwy, Hermosa Beach, CA 90254
- Office buildings
- 24,954 SF
- 0.35 lot acres
Current Use by Public Records
- West Coast Pet Crates / Production Facility / Factory
- ACP Funeral Transportation, Inc. / Social Service Agency
- Jessica Lepage-Smith / Foster Care Service / Social Service Agency
- EP / Law Firm
- Stoner Life Industries / Theater & Performing Art Venue / Nightclub
Property Details for 2447 Pacific Coast Hwy
- Year built
- 1985
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.35 lot acres
- Zone code
- HBC3*
- Property type
- Office buildings
- APN
- 4184-020-018
- APU
- 4184020018
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 4, 2022 | $15,294,000 | 2447 Pch Holdings LLC | 2447 Pacific Coast Highway LLC | Grant Deed | — |
| Jan 7, 2014 | $8,650,000 | 2447 Pacific Coast Highway LLC | Realty Associates Fund Viii LP | Grant Deed | — |
| Jul 3, 2007 | $10,150,000 | Realty Associates Fund Viii | Derhake,joseph P | Grant Deed | — |
| Jul 3, 2007 | — | Craig Hertz | Hertz,debbie | Quit Claim Deed · related | — |
| Jul 3, 2007 | $9,250,000 | Joseph P Derhake | Marina Cypress Associates | Grant Deed | — |
| Jul 13, 1999 | $3,750,000 | Hermosa Center LLC | Ais Properties | Grant Deed | $3.2M · Fremont Investment & Loan |
| May 27, 1988 | $138,000 | James F Caird | Driac | Grant Deed · related | — |
| Feb 26, 1988 | $4,775,000 | Ais Prop | Hermo | Grant Deed | $3.6M · Homefed Bank |
| — | — | Marina Cypress Associates | — | Deed Of Trust · related | $2.9M · Washington Mutual Fsb |
Description
This Class A office building in Hermosa Beach, California, offers a diverse range of workspace solutions. Located at 2447 Pacific Coast Highway, 2nd Floor, 90254, this 12,590 square foot building boasts 350 suites, providing flexibility for businesses of all sizes. Currently, 5,970 square feet are available for lease, with minimum divisible space starting at 10 square feet and maximum contiguous space up to 1,300 square feet. The building features modern amenities, including elevators, and underwent a complete renovation in 2019. The property caters to various business needs, encompassing executive office suites, coworking spaces, and creative office layouts, suitable for professional and traditional office settings. Its prime location in Los Angeles County provides easy access to the vibrant Hermosa Beach community and its surrounding areas. The building's multiple tenancy structure allows for a diverse tenant mix, creating a dynamic and collaborative work environment. This exceptional property presents a unique opportunity to establish a presence in a highly desirable coastal location. Inquire today to explore the available spaces and tailor a solution to meet your specific business requirements.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $13,475,000
- ML approach
- $10,235,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,695,000
- 6.5%
- $8,950,000
- 7%
- $8,310,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $13,878,000
Market price range: $8.26M - $22.9M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hermosa Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.395
- Latitude
- 33.8716
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
